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$650,000 Just Listed
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Property Description
0.429 acres located at 2970 Valley Avenue. This site could be a used car lot that will offer enough area to display for 30 cars. There is a public water and sewer available. 2978 Valley Avenue presently features 5 rental units producing gross monthly revenue of approximately $4,000. The list price for purchase is $1,350000 for both properties with 1.15 acres. Both properties can be ground leased for $6,000/month.
Full Property Details
Full Property Details for 2978 Valley Ave
General
- Price: $650,000
- Taxes: $3,846 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: VAWI2010020
- Updated: 2/23/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Auto Related, Other
Parking
- Total Spaces: 30
- Parking Type: Parking Lot
Location
- County: WINCHESTER CITY
- Driving Directions: From downtown Winchester take Valley Avenue south. Property will be on the left hand side of the road.
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Building Size: 2358
- Year Built: 1970
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,687
- Lot Size Source: Assessor
- Zoning: B2
Financial Considerations
- Price Per Sq. Ft.: $275.66
- Assessment Year: 2025
- City/TownTax: $3,846
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $483,800
- Tax Amount: $3,846
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 7
Listed by Oakcrest Commercial Real Estate, H. Paige Manuel
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Schools
Schools serving 2978 Valley Ave
School District:Winchester City Public Schools
| Name | Grades | Distance |
|---|---|---|
Frederick Douglass Elementary School, Winchester, VA 100 Cedarmeade Avenue, Winchester, VA 22601 | K-4 | 0.6 mi |
Daniel Morgan Middle School 48 South Purcell Avenue, Winchester, VA 22601 | 7-8 | 3.1 mi |
John Handley High School 425 Handley Boulevard, Winchester, VA 22601 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2978 Valley Ave
Date
Details
Price
Change
Source
2/23/2026
Listed
$650,000
16.49%
MLS
7/12/2023
Sold
$558,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2978 Valley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$483,800
-1%
2024
-100%
$491,100
—
2023
$4,076
20%
$491,100
34%
2022
$3,406
—
$366,200
—
2021
$3,406
2%
$366,200
2%
2020
$3,340
—
$359,100
—
2018
$3,340
3%
$359,100
—
2018
$3,253
—
$357,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2978 Valley Ave
2978 Valley Avenue, Winchester, VA 22601 (MLS# VAWI2010020) is a Commercial Service property. 2978 Valley Avenue is currently listed for $650,000 and was received on February 23, 2026. Want to learn more about 2978 Valley Avenue? Do you have questions about finding other Commercial Service real estate for sale in Winchester? You can browse all Winchester real estate or contact a Coldwell Banker agent to request more information.

